Wednesday, September 23, 2009

Sensex on 24th september 2009

as today is expiry day.there is no much clear indication from chart.however if hangseng open +ve,then we may have +ve opening .at the same time chart is not very strong.change of direction-11am.11:30am,1:30pm,if market at around 2:15 is very much in +ve zone(say 150 up)then it can see sharp downturn at 2:15 ,may drag sensex into -ve zone,this dragging effect would be more pronounce if european market(12:30 opening time) opens in red and vise versa.

1 comments:

Anonymous said...

good and accurate ,keep it up
but again it didnt apply to all sectors so accuratley,real estate flourished,but power stocks were down

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